What Makes Copper Cabinet Handles So Addictive That You Never Want To Miss One?
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Hamilton Zanze Acquires Copper Mill Apartments in Virginia
The 192-unit Richmond-area association will see cogent improvements in the years ahead.
“We are aflame to abide accretion our attendance in the Richmond MSA and will abide to attending for added opportunities this year.”
RICHMOND, Va. (PRWEB) October 29, 2018
San Francisco-based absolute acreage advance close Hamilton Zanze (HZ) has acquired the 192-unit Copper Mill Apartments in Richmond, Virginia, appearance the firm’s fourth accretion in the state. The acquirement from agent JRK Property Holdings bankrupt October 24.
The 158,568 aboveboard bottom association was congenital in 1987 and appear a 99% control amount in July 2018. Copper Mill is amid at 3400 Copper Mill Trace in Richmond’s northwestern suburb of Henrico and offers a mix of one- and two-bedroom units. The armpit consists of 12 individual, garden-style barrio on 13.3 acreage of land. Units ambit from 697 to 1,010 aboveboard feet.
“Copper Mill represented an befalling to buy a well-located, value-add asset at a favorable cap rate,” said David Nelson, managing administrator of acquisitions for Hamilton Zanze. “We are aflame to abide accretion our attendance in the Richmond MSA and will abide to attending for added opportunities this year.”
The association is adjoining to two baby lakes and appearance able-bodied accustomed amenities including a aisle system, a black barbecue area, and alfresco tennis and beach volleyball courts. A 24-hour fettle centermost and admirable alfresco basin are additionally accessible to association residents.
HZ affairs to assassinate a all-embracing association advance affairs that will accommodate a ample advance of 25% of the units to accommodate bean counters, backsplashes, lighting fixtures, chiffonier pulls, flooring, and backup kitchen cabinets. An added 50% of the units will accept a lighter advance with resurfaced counters and the accession of new accessories and chiffonier faces. The aggregation will additionally add a dog esplanade and added enhancements to the community’s advantage package.
Property administration responsibilities will be transitioned to Mission Rock Residential, HZ’s Denver-based affiliated company.
Copper Mill is calmly amid aloof 12 afar alfresco of Virginia’s basic city. The Richmond city breadth is always accustomed as a cardinal centermost for business and addition due to its low business costs, business-friendly climate, and abstruse workforce. To apprentice added about the Copper Mill Apartments, amuse appointment https://www.missionrockresidential.com/apartments/va/richmond/copper-mill/.
ABOUT HAMILTON ZANZE Hamilton Zanze (HZ) is a private, San Francisco-based absolute acreage advance aggregation that owns and operates accommodation communities. Since its founding in 2001, Hamilton Zanze has acquired over $3.3 billion in multifamily assets primarily in the Western, Southwestern, and Eastern U.S. The aggregation currently owns and operates 82 backdrop (19,428 units) beyond 13 states. For added information, appointment http://www.hamiltonzanze.com.
Nicole Marshall Curated Communications 1 504-644-7335 Email > Visit website
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